As rumors intensified last week that Palm Inc. is set to be acquired, analysts speculated that a buyer would likely dispose of the company’s handheld division to focus exclusively on its smart phone business.
Sunnyvale, Calif.-based Palm declined to comment on the growing speculation that a range of companies, from Motorola Inc. to Nokia Oyj to private equity firms such as Texas Pacific Group, are interested in buying the maker of the popular Treo smart phone.
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